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Why there is processing fees in some sites?  email this discussion to a friend?

myLot reputation of 97/100. vijiboopathy (6240) 2 years ago

In some earning sites they get some fees from us from the amount of our earning. Recently I cashout from Palmbux where the processing fees is nearly 2%.I am confused.

My questions are
* why do these sites are getting processing fees from us?
* Actually for what these processing fees is for?
* Why can't they give our money earned without that fees? Its only our hard earned money.
Will you clarify me?

 

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eshaan (3699) response was accepted on 3/28/2010.
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tags:  fees, fees in earning sites, processing is for
 
1. myLot reputation of 95/100. akuseru (2363)   2 years ago

If they pay by PayPal, they may be deducting the money to cover PayPal's fees. When someone sends money as payment for goods or services, they can choose to pay the fees themselves or have the amount deducted from the total amount they send you.


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

thanks friend to clear my doubt.
Have a good day

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2. myLot reputation of 96/100. life8118 (5319)   2 years ago

viji,

I really don't know, but may be the normal charges which they charge..


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

They are reducing from the total amount I have earned and saying it to be processing fees.

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3. gdifan (27)   2 years ago

Its the cost to transfer the money from their account to your paypal or alertpay account. Personally I don't like paid to click sites. But its free money right? Payout is what $2? 2% of $2 is only $0.04.

But, here's another thing to consider. Is the site instantly paid? I can't speak for everyone else. But I would gladly pay the little fee if I get my money instantly.

Hope this helps, if only a little.


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

Thanks gdifan. Yes it is paying instantly. But when you compare it as we are working daily in those site it seems to be some amount losing due to fees. It makes me to feel bad.

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4. Shatila90 (75)   ranked 3,129 out of 26,160 in make extra money   2 years ago

as far as i know these websites keep that money to their pockets its another way to make more money


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

Thanks for the comments friend.

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5. myLot reputation of 78/100. johnscoolplace (326)   ranked 815 out of 26,160 in make extra money   2 years ago

this helps the site make more money since paypal charges them they charge you I know its not really fair that they do this but what are you supposed to do about it they have to get you some way or another.


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

it seems like that only. They are getting much money for overcoming the fees they are paying for paypal or alerpay.
thanks for the comments friend.

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6. myLot reputation of 94/100. Downwindz (1091)   ranked 2,228 out of 26,160 in make extra money   2 years ago

It is because these sites use mass pay solution which is a 2% fee, and since they cover your fees (so it appears) they charge you the 2% they are charged by paypal.


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

thanks downwindz to clarify it.
Have a good day

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7. myLot reputation of 95/100. eshaan (3699)   ranked 648 out of 26,160 in make extra money   2 years ago

some people get their accounts turned into business accounts at paypal or alertpay and for them each transactions are charged with some fees, they do it that way to lift the limit of amount they can send or receive....so they deduct the amount from our amounts...but that really hurts when we earn doing so many clicks and such a large amount goes in fees then it hurts...if they keep the clicking amount less and then pay full amount then atleast we know that their rates are low...there's no solution to this problem...its our choice where to work and where not...


myLot reputation of 97/100. vijiboopathy (6240)  2 years ago

Yes eshann you have fulfilled what ever I have questions in my mind regarding this matter. Thanks to clear me. Have a good day


myLot reputation of 91/100. anil02 (1327)   ranked 1,280 out of 26,160 in make extra money  1 year ago

Eshann here is everyone for business, no one is here for helping someone or for charity, every site holder require to spend money for the maintance of datas of members, so this is the resone that every charge some amount for theie services, some sites charge from thier members and some one recover it from other means like ads.

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